Basic and Diluted Net Income per Common Share (Tables)

3 Months Ended

Mar. 31, 2014

Schedule of Earnings Per Share Reconciliation

The numerators and denominators used in computing basic and diluted net income per common share for the three months ended March 31, 2014 and 2013 can be reconciled as follows (dollars in thousands, except per share data):



	Three months ended March 31,
	2014		2013
Net income	$	943	$	1,696

Weighted-average shares outstanding - basic	47,233,077		47,141,298
Dilutive securities	63,150		112,632
Weighted-average shares outstanding - diluted	47,296,227		47,253,930
Common stock equivalent shares excluded due to antidilutive effect	106,666		32,399

Basic and diluted:
Net income per common share	$	0.02	$	0.04
Net income per common share (diluted)	$	0.02	$	0.04